STEEL MANUFACTURERS – THE BUYERS OF IRON ORE

 

Top 20 Steel Manufacturers based on produced tonnages 2007 and 2006.

Source: www.worldsteel.org

 

Graph: Top 20 Steel Manufacturers 2007 and 2006 in Million Metric Tonnes

(Click image to enlarge)

 

Region wise crude steel production estimates for 2008  

World crude steel production in 2008 for the 67 countries reporting to the world steel is estimated, by www.steelguru.com, to be 1.309 billion tonnes down by 2.6% YoY as compared to 1.344 billion tonnes in 2007.  

The estimation has been made by assuming the level of crude steel out put in December 2008 at levels similar to that of November 2008. The estimates and YoY change is as under  

Graph: Region wise crude steel production 2008E and 2007 in million tonnes

 (Click image to enlarge)

 * 2007 data from worldsteel.org
* 2008 E - The estimation has been made by SteelGuru assuming the level of crude steel out put in December 2008 at levels similar to that of November 2008  

 

Country wise crude steel production estimates for 2008  

World crude steel production in 2008 for the 67 countries reporting to the world steel is estimated, by www.steelguru.com, is estimated to be 1.309 billion tonnes, with 81% coming from top 11 countries and balance 19% from 52 countries.  

Among the top 11 countries, contributing to almost 80% of the global crude steel output, the YoY change in crude steel output in 2008 shows that the real growth in 2008 has taken place in South Korea, Turkey & India, Brazil & China would record marginal growth whereas Japan, Italy, Germany, Russia, US & Ukraine are likely to post negative growth.  

Graph: Country wise crude steel production 2008E and 2007 in million tonnes

 (Click image to enlarge)

* 2007 data from worldsteel.org 

* 2008 E - The estimation has been made by SteelGuru assuming the level of crude steel out put in December 2008 at levels similar to that of November 2008